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Merchants

Capitalism

Means of production

Entrepreneurs

Market economy

Democratic

Middle class

People who have enough money to buy manufactured or luxury goods for themselves

When price is determined by the "invisible hand" of supply and demand

When the government stays out of business matters, as advocated by Adam Smith.

People who trade goods for a living

People power

Things people make money off of.

People who risk investing in a business in hopes of making a profit